Several years ago I invested in a coffee shop, incorporated as an S-corp. I know now much more than I knew then. I, along with a friend, purchased a certain amount of shares. We never received any tax paperwork (k-1), we also have received minimal communications, and in late 2015 I started to do some research. I found that not only was the company “entity” suspended per the Secretary of State, but also in default with the State tax board, both for non-payments of payroll tax, business filings, etc. I have heard nothing from them and have solicited a response in email form and text form (both of which are considered valid methods of communication, per the agreement). In my State we have a “Victims of Corporate Fraud” Disbursement Fund.

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